India  
 
NewsR.in

RBI bars fintechs from issuing business credit cards on KYC worries

IndiaTimes Thursday, 15 February 2024
RBI has asked Visa and Mastercard to stop facilitating business credit card issues by fintech aggregators. These aggregators are regulated and licensed by RBI. The central bank is concerned about KYC norms and usage limitations of business credit cards issued by non-banks. Small businesses can continue to avail credit lines with banks.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Credit Card Debt in the US Hits Record $1.13 Trillion [Video]

Credit Card Debt in the US Hits Record $1.13 Trillion

Credit Card Debt , in the US Hits Record , $1.13 Trillion. According to the latest data from the Federal Reserve Bank of New York, the credit debt balance of consumers in the United States has hit a..

Credit: Wibbitz Top Stories     Duration: 01:31Published
The ULTIMATE Credit Card Strategy 2024 (Start Here | Beginner’s Guide) [Video]

The ULTIMATE Credit Card Strategy 2024 (Start Here | Beginner’s Guide)

Here’s the step-by-step blueprint to create the ULTIMATE credit card strategy for 2024! Get the best credit cards you can to SAVE BIG on your next vacation! Click “Show More” to see Ad..

Credit: Rumble     Duration: 17:49Published
Credit leverage [Video]

Credit leverage

Transform your financial journey by choosing credit over paper money, a strategic shift that not only enhances convenience but also elevates your credit score. Each credit card transaction contributes..

Credit: Rumble     Duration: 00:53Published